Is history going to repeat itself?

[JorisK]

I mean come on.... are you kidding me?

Look at this chart:


Have we forgot about december 2013?  

I have people at my work talking about fucking Masarati's ffs, while a lot of pro's completely burn the 'agreement' that has been made yesterday by greedy shitheads like Roger Ver and Jihan Wu (no core devs involved). Alts are going crasy atm because news keeps flooding in from Consensus 2017. I wonder everybody is still with 2 feet on the ground?

[prass tyo]

History will be repeated again because all this is like a wheel that spins, if the price goes down then later will rise also.

[moviebuff777]

I mean come on.... are you kidding me?

Look at this chart:


Have we forgot about december 2013?  

I have people at my work talking about fucking Masarati's ffs, while a lot of pro's completely burn the 'agreement' that has been made yesterday by greedy shitheads like Roger Ver and Jihan Wu (no core devs involved). Alts are going crasy atm because news keeps flooding in from Consensus 2017. I wonder everybody is still with 2 feet on the ground?

The price goes up with no drops. I started selling at around $1750 to buy back lower, but it kept going up past $2300. I don't know if I'll ever be able to buy back what I sold.

[Minecache]

I mean come on.... are you kidding me?

Look at this chart:


Have we forgot about december 2013?  

I have people at my work talking about fucking Masarati's ffs, while a lot of pro's completely burn the 'agreement' that has been made yesterday by greedy shitheads like Roger Ver and Jihan Wu (no core devs involved). Alts are going crasy atm because news keeps flooding in from Consensus 2017. I wonder everybody is still with 2 feet on the ground?

The price goes up with no drops. I started selling at around $1750 to buy back lower, but it kept going up past $2300. I don't know if I'll ever be able to buy back what I sold.

Trying to short crypto is a one way ticket to get rekt. There is so much news of new money literally pouring into this sphere it takes a very brave man to short this market.

[MMysterious]

I hope not, but it's really hard to tell because it is really possible. And we can't fortell what will happen in the next few days or weeks perhaps.

[webtricks]

I mean come on.... are you kidding me?

Look at this chart:


Have we forgot about december 2013?  

I have people at my work talking about fucking Masarati's ffs, while a lot of pro's completely burn the 'agreement' that has been made yesterday by greedy shitheads like Roger Ver and Jihan Wu (no core devs involved). Alts are going crasy atm because news keeps flooding in from Consensus 2017. I wonder everybody is still with 2 feet on the ground?

Charts are for kids, real bitcoiners read the ground realities. I don't think there is any similarities between 2013 downfall and 2017 peak!
Bitcoin fell in 2013 because people excessively invested in Bitcoin thus built a big bubble which burst eventually. 2017 is the year of ground adoption. This time spread is evenly in developed as well as tier 2 countries. In India, bitcoin trading @ $2900+

[Gastotade]

I mean come on.... are you kidding me?

Look at this chart:


Have we forgot about december 2013?  

I have people at my work talking about fucking Masarati's ffs, while a lot of pro's completely burn the 'agreement' that has been made yesterday by greedy shitheads like Roger Ver and Jihan Wu (no core devs involved). Alts are going crasy atm because news keeps flooding in from Consensus 2017. I wonder everybody is still with 2 feet on the ground?

Charts are for kids, real bitcoiners read the ground realities. I don't think there is any similarities between 2013 downfall and 2017 peak!
Bitcoin fell in 2013 because people excessively invested in Bitcoin thus built a big bubble which burst eventually. 2017 is the year of ground adoption. This time spread is evenly in developed as well as tier 2 countries. In India, bitcoin trading @ $2900+

Great point. Bitcoin is now fully adopted by some country and it is closed to accept by world market. Bitcoin current price is not bubble anymore compared on 2013. There's a big difference between the situation today and in the past.

[Pursuer]

adding silly memes to a screenshot of a chart when you zoomed out too much that each candle is representing one week doesn't make it correct!
zoom in that get rekt under Leo's pic and see the fact that price went up nearly 500% in 1 month. and then zoom in the current rise and see all the corrections that is happening each day!

I am not saying price won't fall down, there is a good chance of a correction happening the bigger price gets. but your topic doesn't make any sense.

I can show you the same thing you are saying in at least a dozen other topics with the same memes on them saying this is 2013 back when price reached $1100 for the first time!

[mindrust]

No.

"It is different this time."

This time we are headed to the moon and we will never come back from there.  

Memes aside, it may really be different this time till something really bad happens. I mean really bad, like Trump declaring war against bitcoin. (It doesn't necessarily have to be USA. Germany, China or UK would do the trick too) When bitcoin gets banned in a big country and its users/holders/creators are sent to jail for using/creating counterfeit money... Or... If they decide to shutdown every bitcoin exchange there is to protect people, things will get messy.

We will go back to sub 1000$ in a flash.

There will be some bad news eventually and there will be a correction. It doesn't have to be USA or btc ban, it may be something related to HF/scaling... Anything can work if people want it to crash.

[JorisK]

I really feel like a lot of people are just buying whatever 'sounds' cool. Golem? Awesome gimme that. Waves? Fucking awesome, how much you have in stock? 300? I'll take it all no problem. Some dude was talking about REP, you got that aswell? You have it? Awesome, i'll buy everything. Oh and with this money i have left, uhhh just gimme some of that XMR, I wanna see what it does.

To me it looks like the 'internet' bubble back in the '90's. If you started a company with the word 'internet' in it's name, you'd instantly had 20 investors. When investors asked you about your company strategy/goals, and you answered something like "ohhhh uhh something with www. its awesome" they'd instantly wire you tons of cash.

[BrewMaster]

I really feel like a lot of people are just buying whatever 'sounds' cool. Golem? Awesome gimme that. Waves? Fucking awesome, how much you have in stock? 300? I'll take it all no problem. Some dude was talking about REP, you got that aswell? You have it? Awesome, i'll buy everything. Oh and with this money i have left, uhhh just gimme some of that XMR, I wanna see what it does.

To me it looks like the 'internet' bubble back in the '90's. If you started a company with the word 'internet' in it's name, you'd instantly had 20 investors. When investors asked you about your company strategy/goals, and you answered something like "ohhhh uhh something with www. its awesome" they'd instantly wire you tons of cash.

it is cute when you are comparing bitcoin's solid rise from $1250 to $2300  (84% rise) after all the big news and mainstream adoption in the past month
with
altcoin pumps which has been 1000% to 5000% in one month for no reason!

so yeah "bitcoin" is in a bubble

[Kprawn]

Ok, let's sing together..... "Never invest more than what you can afford to lose" ..... have we not said this over and over and over again? I would

encourage people to be cautious and not to go ALL IN at this moment... We have always seen some kind of price correction, so things will not go

on like this forever. I think this time it might be a little bit different, because mass adoption in Japan and other countries are looking like a reality,

but nothing is guaranteed... so..." Never invest more than what you can afford to lose " 

[Lakeluke_again]

No market sustains such a rise without a reversal.
For people who "missed the boat" it's best to wait for the next reversal in the next few months.

[European Central Bank]

yes it will. it's a pattern that's guaranteed since any type of market was invented. it's human nature and human nature never changes.

there are things that are different. china's excitement looks like jury rigged bullshit compared to what the japanese government has done. that's put bitcoin on a level it's never been anywhere before. that won't stop an eventual crash but it shouldn't be discounted.

[peter0425]

Another thread saying this price surge is a bubble similar to 2013?

2013 is history already, yes we learned a lot from it. However, what we witness right now is not a bubble waiting to be burst. There are a lot of investors backing bitcoin now and seeing it as a safe haven for their money. As pointed it, there are correction price indeed that already happened but the buying continues and it will go and we don't know when will stop.

[European Central Bank]

There are a lot of investors backing bitcoin now and seeing it as a safe haven for their money.

they're deluding themselves and they're gonna run away screaming when the train runs out of steam. it's still pure speculation. safe haven status is at least a decade or two away in my opinion.

[Sniper44]

we can only wish
the history you are showing in your chart is a rise from $125 to $1200 which is a 860% rise.
so if we are lucky enough to see a 860% rise that would be awesome because price will reach up to $12,000 so we can only wish for it to happen.

do you even know what the effects of a 12K price would be, LOL the whole world will hear about bitcoin and at that point there won't be any coming back because bitcoin is still at very limited numbers.

[Betwrong]

History will be repeated again because all this is like a wheel that spins, if the price goes down then later will rise also.

Yes, it may be repeated, but starting from which point, that is the question. Keep in mind that in 2013 the rising was from $200 to $1,200, so Bitcoin had risen six times before the fall had begun. This time the rise has started from around $1,000, so we can expect to see around $6,000 before it will start falling. And all that if the history will really repeat itself this time.

[Bit_Happy]

Enjoy the fun while it lasts, and hope that Bitcoin dev can break free from the men in suits.
Tulip Bubble Ponzi Mania! 

[emezh10]

We cant really tell but that it was really possible to happened again to doubt about it the market was like up and down alwas and pumping and then not possible to dump again after a pass time so no doubt but it was just a prediction so we can really tell was was really going to happened.